Thumbs up or down? Session audience votes on real life redevelopment projects Let’s say a business opportunity lands on your desk. Maybe it’s an older property that needs some updating but has a great location. Perhaps it’s a newer building with occupancy problems, or a property with any number of other challenges that seem fixable. What would you do? Would you take the risk? What are the factors to consider beyond the obvious ones that could determine success or failure?
Closed transactions volume started off relatively strong in 2017 totaling $4.6 billion in the first quarter, but then experienced a significant decline in the second quarter to only $2.2 billion. However, the third quarter of 2017 saw a vibrant uptick of dollar volume with a 113% increase from the second quarter.